Mead v. Mali

Mitchell, Justice.

There are three counts in the complaint. The first count shows that the Parker Vein Coal Company were authorized to issue stock to the amount of $3,000,000, in shares of $100 each; that the stock at the time of the acts complained of, was worth par in the market, or nearly so, and in its intrinsic value, and that but for the acts of the defendants it would have continued to be so. That Mali was president of the company, Jewett vice-president, and Stacy director and treasurer.

That the plaintiff purchased 200 shares of the stock, between the 27th of October, 1853, and 25th of…